Back 20200 Rainbow Circle
Off Market

20200 Rainbow Circle

Cornelius NC 28031

5
6
6
4845 sq. ft.
0.63 ac.
Single-Family
Last sold for $2,575,000
NANDA MOSCOVITCHNANDA MOSCOVITCH, last sold this property on 03 August 2026 after 290 days on market.

Overview

A rare opportunity to own a brand-new luxury residence by Lagniappe Homes in one of Cornelius' most desirable locations. Situated directly across from Lake Norman with beautiful water views and lake access, this custom-designed West Indies-inspired home blends timeless architecture with modern luxury just minutes from restaurants, marinas, shopping, and everything the Lake Norman lifestyle has to offer. Designed for effortless everyday living and exceptional entertaining, the 4,845-square-foot floor plan features soaring 12-foot ceilings, engineered white oak flooring, smooth-finish walls, custom wood ceiling details, and expansive 14-foot Western multi-slide glass doors that seamlessly connect the indoor living spaces to the covered outdoor lanai. At the heart of the home, the designer kitchen combines striking style with exceptional functionality. Custom solid wood cabinetry, quartz countertops with a full-height backsplash, a 48-inch JennAir gas range, Venetian plaster hood, wine column refrigerator, under-cabinet lighting, and a fully equipped scullery with a second dishwasher and refrigerator create a space equally suited for entertaining and everyday living. The main-level owner's retreat offers a true spa-inspired experience with heated tile floors, an oversized walk-in shower, soaking tub, dual custom walk-in closets, and upgraded sound insulation for enhanced privacy. Upstairs, three additional ensuite bedrooms, a spacious loft, full wet bar, and a second covered terrace provide flexible living space for family and guests. Built with craftsmanship that extends far beyond what is immediately visible, the home features a full stucco exterior, aluminum-clad bronze windows, standing seam metal roof accents, custom wood garage doors, a mahogany entry door with beveled Flemish glass, 400-amp electrical service, whole-home audio, video, ethernet and security prewiring, EV charging capability, Ring doorbell system, wired networking, dual tankless water heaters with recirculation, dual 15-SEER HVAC systems, cast-iron plumbing downspouts for sound reduction, low-voltage landscape lighting, and well-fed irrigation. Outside, the private backyard has been thoughtfully designed as a resort-style retreat. Enjoy a custom heated pool and spa with waterfall and fire features, a spacious covered lanai, outdoor storage room, and a professionally designed putting green with LED-lit cups. The oversized garage features extra-high ceilings designed to accommodate an automotive stacking lift. Every element of this custom residence reflects Lagniappe Homes' commitment to exceptional design, thoughtful functionality, and enduring quality—offering a rare combination of new construction, luxury finishes, water views, lake access, and an unbeatable Cornelius location.

Features

5 bedrooms
6 bathrooms
6 carspaces
3 open car spaces
3 garage spaces
4845 sq. ft. floor area
0.63 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Cornelius over the last 12 months, the estimated median property value of 20200 Rainbow Circle is $1.48m.

Median value
$1.48m
Estimated value range
$560k - $4.85m
Median days on market
26
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cornelius. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 20200 Rainbow Circle

2026
Sold
$2,575,000
03 Aug 2026 by NANDA MOSCOVITCH, of Ivester Jackson Distinctive Properties
2025
Sold
$450,000
12 Mar 2025 by Jeffrey Arzonico, of Ivester Jackson Distinctive Properties

Happy sellers in Cornelius

92%
92% of sellers in Cornelius reported that their sale price either exceeded or met their price expectations.

Cornelius stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Cornelius over the last 12 months.

Local market activity for 5 bedroom single-family properties in Cornelius

In the last 12 months, 56 five-bedroom single-family properties similar to 20200 Rainbow Circle, have been sold.

This represents a 14% decrease in five-bedroom single-family properties sales when compared to the previous 12 months.

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